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Procedures & Methodology

TSI's methodology is the backbone of its iron ore, steel, scrap and coking coal prices. TSI was the industry pioneer in compiling prices based on actual spot transaction data gathered directly from industry participants throughout the supply chain. TSI applies its methodology consistently in the compilation of all of its indices around the world, providing clients with the confidence they need that all its prices are directly comparable.

Over 550 companies ('Data Providers') have registered and been approved to submit their pricing information to TSI and, in exchange, they see their data represented in the respective index. This offers significant advantages over traditional 'telephone polling' approaches: it is fast, secure, verifiable and enables Data Providers all over the world to submit data at their convenience. More information can be found in the documents below.

Please select which methodology you would like to review:

TSI Steel Index Methodology

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TSI Iron Ore Index Methodology

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TSI Scrap Index Methodology

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TSI Coking Coal Index Methodology

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©The Steel Index 2014. The Steel Index is owned by Platts, part of McGraw Hill Financial.

Platts acquired the Steel Business Briefing Group, a leading information provider to the global steel market through its two core businesses, Steel Business Briefing (SBB) and The Steel Index (TSI) in July 2011. The acquisition of the SBB Group enables Platts to provide customers and the markets with the benefit of a larger, highly experienced editorial team, a dramatically expanded number of price assessments and a far more expansive product and conference mix. Click here for more information